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Idexx: Q2 Earnings Snapshot
By AP News - Aug 01, 2023, 06:39 AM ET
Last Updated - Aug 01, 2023, 06:39 AM EDT
WESTBROOK, Maine (AP) — WESTBROOK, Maine (AP) — Idexx Laboratories Inc. (IDXX) on Tuesday reported second-quarter earnings of $224.2 million.
On a per-share basis, the Westbrook, Maine-based company said it had profit of $2.67.
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The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.43 per share.
The Animal diagnostic and health care company posted revenue of $943.6 million in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $927.8 million.
Idexx expects full-year earnings to be $9.64 to $9.90 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a IDXX">Zacks stock report on IDXX at https://www.zacks.com/ap/IDXX
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